The London TechWatch Startup Daily Funding Report: 8/11/18

The latest venture capital, seed, and angel deals for London startups for 8/11/18 featuring funding details for Thought Machine, EduMe, Zopa, Portify, Home Made, Fenton, and yulife. This page will be updated throughout the day to reflect any new fundings.

Thought Machine, the fintech platform that's reinventing core banking systems for banks, has raised £18M in Series A funding led by Lloyds Banking Group. Thought Machine was founded by Paul Taylor in 2014.

EduMe

$1.8M - Seed

Mobile micro-learning platform EduMe has raised $1.8M in funding led by Connect Ventures. EduMe was founded by Jacob Waern in 2016.

Zopa

£16M - Series G

Peer-to-peer lending platform Zopa has raised £16M in funding from investors that include Bessemer Venture Partners, Northzone, Augmentum Capital, and Wadhawan Global Capital. Founded by Dave Nicholson, Giles Andrews, James Alexander, Richard Duvall, Tim Parlett in 2005, Zopa has now raised a total of $190.2M over ten rounds.

Portify

£1.3M - Seed

Portify, the personal finance platform for the flexible economy, has raised £1.3M in funding from investors that include Entrepreneur First, Charlie Songhurst, Kindred Capital, and Paul Forster. Portify was founded by Chris Butcher and Sho Sugihara in 2017.

Home Made

£2M - Seed

Tech-enabled real estate rental platform Home Made has raised an additional £2M in funding led by VentureFriends. Founded by Asaf Navot and Nick Binnington in 2016, Home Made has now raised a total of £2.9M in funding over two rounds.

Fenton

£850K - Seed

Jewelry startup Fenton has raised £850K in Seed funding from investors that include London Co-Investment Fund, Mustard Seed, and Camilla Dolan.

yulife

£3M

Insurtech startup yulife has raised £3M in funding from investors that include LocalGlobe, OurCrowd, and Anthemis Group. Yulife was founded in 2016 by
Jaco Oosthuizen, Jonathan Roomer, Josh Hart, Sam Fromson, and Sammy Rubin.